Palantir Technologies Inc.
boothcheck covers Palantir Technologies Inc. (PLTR) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 11, 2026.
• Palantir is the rare software company where the government business is the anchor, not the ceiling: 55% of revenue comes from government customers per its own filings, and its US commercial business, the newer half, is growing at 133% year over year on AIP demand [Source: Q1 2026 business update]. • The biggest specific risk is the price itself: at about 186 times company-wide operating income, the market is paying for growth held at the fastest self-funding pace for roughly twelve years, a pe
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2,913 institutional managers reported holding PLTR in 13F filings for the quarter ended 2026-03-31. Together they hold about 50% of the company; the top 10 hold 27%. 198 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 76.4M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
PLTR's share count grew 26.4% over the past five years even with $139.18M spent on repurchases. It pays no dividend. Cash returned over the past three years: $139.18M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at PLTR over the trailing three years: 2025: 1 buy totaling $1.16M. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
PLTR's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | -6.4% | +17.5% |
| 2023-11-04 | +26.6% | -15.4% |
| 2024-02-21 | +28.5% | -5.1% |
| 2024-05-08 | -8.3% | +31.8% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
PLTR's latest 8-K filings: 2026-08-03 (items 2.02, 7.01, 9.01); 2026-06-09 (items 5.07); 2026-05-04 (items 2.02, 7.01, 9.01); 2026-02-02 (items 2.02, 7.01, 9.01); 2025-11-03 (items 2.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.